Cold wallets aren’t cold either: $1.1 million evaporates overnight
A cryptocurrency investor stored all his life savings—about $1.1 million worth of Bitcoin—into a Cold Card cold wallet.
Cold wallets are known for being “offline,” and many people consider them the safest way to hold funds.
But hackers still breached the system.
Together with funds stolen from other victims, a total of $89 million was taken.
He has reported the incident to the relevant authorities.
Netizens expressed collective sympathy: the chances of getting the money back are almost zero.
If even a cold wallet can be hacked, perhaps there is no absolute security.
A cryptocurrency investor stored all his life savings—about $1.1 million worth of Bitcoin—into a Cold Card cold wallet.
Cold wallets are known for being “offline,” and many people consider them the safest way to hold funds.
But hackers still breached the system.
Together with funds stolen from other victims, a total of $89 million was taken.
He has reported the incident to the relevant authorities.
Netizens expressed collective sympathy: the chances of getting the money back are almost zero.
If even a cold wallet can be hacked, perhaps there is no absolute security.